Topic: Bitcoin slides by over $1,000 in less than 48 hours - page 2. (Read 863 times)
Don't panic. It's just a correction. No need to get alarmed and sell your coins. You will regret it.
I believe it's just a correction after the Segwit2x market shake.
BCC is rising fast, soaking up the $$$s, probably due to the Nov 13th hard fork. Hold tight!
Most altcoins are also down. Anyone who bought a year ago is still well in profit. Bitcoin has recovered from drops in the past.
Fall baby! This guy is about to buy in!
and the bitcoin price will rise again like the other day, just calm dont panic. If you do a trading you must be know when the highest and the lowest it will be, and take advantage from it
it is only small correction and will be good if this correction stop to 6,500$
LONDON (Reuters) - Bitcoin dropped below $7,000 on Friday to trade more than $1,000 down from an all-time high hit on Wednesday, as some traders dumped it for a clone called Bitcoin Cash, sending its value up around a third.
Bitcoin has been on a tear in recent months, with a vertiginous sevenfold increase in value since the start of the year that has led to many warnings the bitcoin market - now worth well over $100 billion - has become a bubble that is about to burst.
It reached a record high of $7,888 around 1800 GMT on Wednesday after a software upgrade planned for next week that could have split the cryptocurrency in a so-called “fork” was suspended.
But it has quickly retreated from that peak, falling to as low as $6,718 around 1330 GMT on Friday. It later recovered a touch to trade around $6,880 by 1645 GMT, but that was still down almost 4 percent on the day.
Bitcoin has been on a tear in recent months, with a vertiginous sevenfold increase in value since the start of the year that has led to many warnings the bitcoin market - now worth well over $100 billion - has become a bubble that is about to burst.
It reached a record high of $7,888 around 1800 GMT on Wednesday after a software upgrade planned for next week that could have split the cryptocurrency in a so-called “fork” was suspended.
But it has quickly retreated from that peak, falling to as low as $6,718 around 1330 GMT on Friday. It later recovered a touch to trade around $6,880 by 1645 GMT, but that was still down almost 4 percent on the day.
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